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07 - P&L & Owner Statements - Financials Summary - 13806 Coit Rd, Cleveland, OH 44110.md

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Financial Data **Status:** 🏁 **SOLD** — Property divested **Last Updated:** 2026-04-05 **Source:** Lofty PM Data Entry + Cuyahoga Treasurer + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · *(verify)* · · Sale Price · *(verify)* · · Monthly Rent · ~$1,715 (per Lofty PM Data Entry) · ## Income · Field · Value · · ------- · ------- · · Monthly Gross Rent · ~$1,715 · ## Insurance - **Annual Premium:** $1,714.65 ## Property Management - **PM Fee Rate:** 15

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# Financial Data

**Status:** 🏁 **SOLD** — Property divested


**Last Updated:** 2026-04-05
**Source:** Lofty PM Data Entry + Cuyahoga Treasurer + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | *(verify)* |
| Sale Price | *(verify)* |
| Monthly Rent | ~$1,715 (per Lofty PM Data Entry) |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | ~$1,715 |

## Insurance

- **Annual Premium:** $1,714.65

## Property Management

- **PM Fee Rate:** 15.0% of gross rents
- **DAO LLC Fee:** $750.00/year
- **Annual PM Fee (est.):** $3,087.00 (based on $1,715.00/month rent)

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | ~$4,177 (est.) | Cuyahoga — Lofty PM Data Entry shows $2,088.68 |
| Homeowners Insurance | **CANCELLED** | Obie 2026 term cancelled after 12 days |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $474.43|
| **Total Annual OpEx** | **~$4,500** (est.) | |

- **Utilities Water/Sewer:** $474.43
## T-12 Financials
From Cash Flow Statement:
- Insurance payment: -$857.28 (one period)
- Management: -$187.50 (one period)
- Repairs: -$166, -$37
- OR transfer: -$1,830.65 (outgoing)

## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |
| Current Maintenance Reserve | $-16,111.61 | LoftyAssist |

## Current Month Distribution
| Field | Value |
|-------|-------|
| Distribution | **$0.00** |

> ⚠️ **Insurance cancelled for 2026 term** — verify replacement coverage immediately.

## Calculated Metrics
| Field | Value |
|-------|-------|
| Cap Rate | *(pending)* |
| Cash-on-Cash Return | 0% |

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*Updated 2026-04-04. Insurance = Obie 2026 term CANCELLED after 12 days. Taxes = Lofty PM Data Entry × 2 (estimated). Cash flow shows OR transfer and insurance payment.*